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The Adelaide housing market has been a relatively steady
performer, with dwelling values rising at a slightly higher pace than
inflation over the past several years. This has seen home values in
Adelaide increase by approximatively 12% since 2009. Positively,
transaction numbers have increased over the past year indicating
an improvement in buyer demand, despite relatively soft economic
conditions across the state. Rental yields remain higher than the
national capital city average, which may be attractive to prospective
investors attracted to Adelaide’s affordable housing stock and higher
yield profile.
SOUTH AUSTRALIA
Sensible and steady growth for Adelaide
Adelaide’s performance over time
Adelaide’s best performers
Adelaide Median Price
Houses
Units
Dwellings
$0
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
$400,000
$450,000
$500,000
JAN-05
JUL-05
JAN-06
JUL-06
JAN-07
JUL-07
JAN-08
JUL-08
JAN-09
JUL-09
JAN-10
JUL-10
JAN-11
JUL-11
JAN-12
JUL-12
JAN-13
JUL-13
JAN-14
JUL-14
JAN-15
JUL-15
Houses
Units
Median Price
$430,000
$340,000
Quarterly change
-1.4%
-3.9%
12 months change
0.3%
-6.9%
5 year total change
2.3%
-11.2%
10 year total change
41.9%
32.4%
Rank
Suburb
$
Affordable
1
HACKHAM WEST
$246,000
86 6.5%
2
ELIZABETH GROVE
$210,000
28 5.3%
3
DAVOREN PARK
$183,975
112 4.5%
$$
Mid range
1
DARLINGTON
$477,500
14 24.0%
2
MARLESTON
$485,000
32 13.6%
3
SEACOMBE HEIGHTS
$476,500
29 10.8%
$$$
Prestige
1
KINGSWOOD
$960,000
31 27.2%
2
SAINT PETERS
$1,130,000
49 15.9%
3
TOORAK GARDENS
$1,275,000
42 10.6%
Rank
Suburb
$
Affordable
1
ELIZABETH EAST
$152,000
33 7.6%
2
DAVOREN PARK
$138,000
33 6.2%
3
SALISBURY EAST
$200,000
32 2.6%
$$
Mid range
1
EVERARD PARK
$341,000
19 26.1%
2
SEATON
$330,000
58 15.8%
3
RICHMOND
$340,000
28 12.0%
$$$
Prestige
1
GLENELG SOUTH
$472,500
28 37.0%
2
SEACLIFF
$470,000
30 19.0%
3
GLENGOWRIE
$540,050
59 19.0%
Rolling Median Price (12 months)
Number sold (12 months)
12 month change in median price
Affordable
= suburbs below 25th percentile
Mid range
= suburbs between 25th and 75th percentile
Prestige
= suburbs above 75th percentile
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